Fraud: Court Orders Interim Forfeiture of Funds Linked to Lagos Speaker, Obasa’s Accounts

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A Federal High Court sitting in Lagos has ordered the temporary freezing of three accounts belonging to the Speaker of the Lagos State House of Assembly, Mudashiru Obasa.

The EFCC in a motion dated August 12, 2020 and marked FHC/L/CS/1069/2020, asked the court to issue an order directing that the funds in three bank accounts be forfeited in the interim.

They include: a United States Dollar account marked 001852963; a current account with number 0018552956 and a savings account with number – 5002349821.

After hearing the application filed by S.I Sulieman, counsel to the EFCC, the court ruled in favour of the commission on September 15, 2020.

Earlier on Thursday, Wilson Uwujaren, EFCC spokesperson, confirmed that Obasa was at the agency’s office for questioning.

“He responded to an invite from the commission this morning,” Uwujaren said.

The Lagos speaker was accused of embezzling public funds and abusing his office.

While Obasa denied most of the allegations, he admitted that N80m as estacode was approved for the training of the wives of 20 lawmakers in Dubai.

“We gave N4m to each of the participants for air tickets, hotels, feedings and local travel. Air ticket to Dubai alone costs about N2m. Some of these allegations were raised for a crusade to get the Speaker out of office.

“The House of Assembly is above common standard of excellence and we have to train people, and this comes at a cost. Learning is not cheap and I have never collected N80m for estacode at a go before,” he said.

The House committee subsequently cleared him which sparked protests among several anti-corruption groups.

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